Best Way To Trade Forex

Only Trade Stocks with High Volume

Fans of the Tradingsim blog know my thoughts around the amount of capital required to make it in this game. So, assuming you have hundreds of thousands of dollars at your disposal you will need a stock with enough volume to allow you to quickly enter and exit the trade with ease. My personal minimum is 40,000 shares per 5-minute bar. If you have a brokerage account your respective firm should have a most active list. This is a good start, but will only contain the top 20 or so stocks.

Develop your Own Watch list

You will need to develop your own list from stocks you follow on a daily basis. Again, due to the large number of stocks on the exchanges, it’s best to focus on specific sectors. Below is a list of popular ones:

Banking
Precious Metals
Semiconductor
Automotive
Pharmaceuticals
Retail
Internet

Look back over your trade history

Instead of looking to someone else for advice on what the best stocks to day trade are how about looking at your own trade history. I guarantee there is at least one stock you trade on a regular basis for one reason or another. Funny thing is you will not be able to explain why you keep gravitating to that particular security. Call it your soul mate or just your stock of choice. Your comfort level with the stock will make you feel like you “own” its movements.

Social Media

This is a more recent technique for scanning the market and I haven’t tried it personally (I guess I’m too old), but I will give it a shot to illustrate exactly how you can go about searching the social world to find stocks to day trade. The reason I avoid searching social media sites or read news events is because I do not want anything positively or negatively impacting my view on a stock. I base my trade decisions solely on the price and volume action of the stock. Now that I have my disclaimer out of the way, let me try boosting your comfort level and talk about how I would scan the social arena.

Stockcharts

Similar to StockTwits but with a twist, is the popular list charts being viewed on Stockcharts.com. Two things I like about Stockcharts are the site provides a time stamp of when the data was last pulled. This sounds simple, but this is critical when minutes can mean the difference between winning and losing. The other cool feature is Stockcharts displays which stocks are consistently popular over time with their user base.

Monitor the Earnings Calendar

One event that is sure to bring about increased volatility is the reporting of earnings. You will want to keep track of who is up on deck for the week, that way you can start to monitor how the stock is trading going into the earnings announcement. I AM NOT advocating you place a trade before the earnings are reported, because this is another form of gambling. You will however want to know ahead of time who are the likely movers, so you can add them to your watch list. This will reduce the amount of research required prior to the market open. Below is a list of sites that publish earnings calendars:

Focus on One or Two Stocks

Focusing on one or two securities is all about keeping it simple. In all of the above examples, you would need to scan, watch and react quickly on a daily basis to a number of issues. If this is something that you feel is too much and you want to become a master of something simple, then look to trade the same one or two issues everyday may be the answer. When selecting a stock to trade you have two approaches: (1) select the most popular stock or (2) pick your favorite stock based on your past trading performance. #2 will largely depend on your own trading preferences, so I will cover a few top stocks for day trading:

Yes lekin news bht kam aisi ati hen jinme market itna move karti ha baqi hume analysis bhi karte rehna chaiye jisse profits apke aur safe hojayen and app 1 professional trader k tor peer ubher k samne ajayen

yes dear ap thk kah rhy hai k forex ak best way hai earning ka q is m hum bhot sa profit gain ker sakty hai aur humy lose b nai ho ga agr hum is m skills gain ke le to ye humy bhot sa profit de ga aur hum ak kamyab business man ban jay gye aur humy koi tension nai ho gi agr humy lose ho b jata hai to humy tension nai leni chahiye q k jo b hota hai achy k liye hota hai

Foreign exchange crucial most effective way investment ka yeh hai k software apna advisor set collectively karain as well as aik ideal goal ko conform to karain, apne targets as well as aims phle sony ericsson this individual known ker lain, mazeed yeh k apni industry k doran completely Current market information sony ericsson ba khabar as well as current rahain.

jab hm forex k ki learning krty hen or knowlede krty hen, to market ki news ko daily deka jata hy, ager hm market k analysis ko daily check karen to hm achi trading kr skty hen, or jb ksi pair ki meeting hoti hy to us time market bht move hoti hy , is time hm achi trading kr skty hen ager hm, hmary pas acha experience ho to.

aap ny thik kaha hy, jab hm forex k ki learning krty hen or knowlede krty hen, to market ki news ko daily deka jata hy, ager hm market k analysis ko daily check karen to hm achi trading kr skty hen, or jb ksi pair ki meeting hoti hy to us time market bht move hoti

Focus on one or two stocks

Keep one or two effects is all about easy to follow. In the example above, you see Scan and issues on a daily basis will be able to respond immediately. Needed This, you feel, and you have some very simple things that you want to own the daily business trying to answer them. One or two problems Select a stock to trade you two approaches: (1) selection of the most popular stock, or (2) based on their past business performance to your favorite balance. # 2 Much will depend on the size of its business priorities, so I will cover the day trading stock for some of the top:

friendssssssssssssss achi trading lyny kaaa tooo 1 hii trikaa hy k insaaaan ko hard worker hona chahye. ager wo hard worker ho ga to achi earning kare ga././././././././././././

ha is ma ham boht pisa kam sakta ha sab ka liy ha forx ak online business ha sab ko is ma kam karna ha to is ka liy is ka bar ma jan ho ga sab is kam ko like karta ha sab is ma boht pisa kamyt ha sab ka liy ha